Article
Public, Environmental & Occupational Health
Mark Igra, Nora Kenworthy, Cadence Luchsinger, Jin-Kyu Jung
Summary: This study examines the scope and impacts of COVID-19 related crowdfunding, finding that people from wealthier counties are more likely to initiate campaigns and receive more funding. Inequalities in outcomes are growing as highlighted in the research.
SOCIAL SCIENCE & MEDICINE
(2021)
Article
Psychology, Multidisciplinary
Chaoyang Li, Xinyi Li, Jingmei Wang, Mengyang Pan, Weiyi Gao
Summary: With the increasing number of online charity donations, research on the influencing factors of individual donation behavior has become an important topic. This study explores the influence of social capital, social recommendation, and other signals on charity crowdfunding performance. The research found that both external and internal social capital can significantly improve the fundraising performance of crowdfunding projects. Projects with more social recommendations are more likely to obtain financial support, especially in the case of medical aid crowdfunding projects.
FRONTIERS IN PSYCHOLOGY
(2022)
Article
Business
Loan T. Q. Nguyen, Thinh G. Hoang, Linh H. Do, Xuan T. Ngo, Phuong H. T. Nguyen, Giang D. L. Nguyen, Giang N. T. Nguyen
Summary: This study explores the practical applications of blockchain technology in socially oriented crowdfunding platforms (SCPs) and how it can facilitate social value creation. Findings suggest that blockchain can reduce operational costs, increase trust and transparency, and cultivate a broader crowdfunding community to aid in the development of SCPs. However, there are barriers to the application of blockchain in crowdfunding, such as development costs and legal requirements.
TECHNOLOGICAL FORECASTING AND SOCIAL CHANGE
(2021)
Article
Green & Sustainable Science & Technology
Zahid Yousaf, Obaddah Shakaki, Nicoleta Isac, Alina Cretu, Andrei Hrebenciuc
Summary: This study aims to explore how different owners and investors utilize digital crowdfunding platforms for project advertisement and selection. It examines the direct impact of these platforms on crowdfunding performance, as well as the mediating role of social capital and the moderating role of innovative performance. The findings indicate that crowdfunding performance can be predicted through digital crowdfunding platforms, and that innovative performance strengthens the relationship between these platforms and crowdfunding performance. Additionally, social capital plays a critical role in enhancing crowdfunding performance.
Review
Business
Wanxiang Cai, Friedemann Polzin, Erik Stam
Summary: Literature reviews categorize crowdfunding research into different perspectives, but theory development remains limited. The social capital lens offers a promising approach for understanding crowdfunding, with most studies showing a positive and dynamic impact of social capital on crowdfunding activities. Further research directions include analyzing negative aspects and causal effects of social capital.
TECHNOLOGICAL FORECASTING AND SOCIAL CHANGE
(2021)
Article
Business
Qianqian Huang, Anxia Wan, Ehsan Elahi, Benhong Peng, Jiao Li
Summary: This study investigates the influence mechanism of corporate social responsibility on corporate competitiveness. A research sample was collected from 108 A-share pharmaceutical manufacturing companies listed on the Shanghai and Shenzhen stock exchanges from 2011 to 2020. The findings suggest that fulfilling social responsibility significantly improves the competitiveness of pharmaceutical manufacturing enterprises. Good internal control acts as a mediator in the relationship between corporate social responsibility and competitiveness. Additionally, a perfect equity incentive serves as a moderator of this relationship.
CORPORATE SOCIAL RESPONSIBILITY AND ENVIRONMENTAL MANAGEMENT
(2023)
Article
Operations Research & Management Science
Abhishek Behl, Brinda Sampat, Sahil Raj
Summary: The COVID-19 pandemic has negatively affected people's financial well-being and the global economy, with crowdfunding being a major contributor to these adverse effects. This study explores the role of reward-based gamification in understanding repeated donation behavior on crowdfunding platforms during COVID-19. Using the self-determination theory and survey-based instruments, the study examines the relationship between social relatedness, intrinsic motivation, engagement, and repeated donation behavior. The study also investigates how reward-based gamification moderates the relationship between intrinsic motivation and repeated donation behavior, while controlling for the donating experience on crowdfunding platforms. The results highlight the impact of social relatedness, intrinsic motivation, and donating experience on repeated donations, offering new insights into the role of gamification in inducing repeated donations during COVID-19 on crowdfunding platforms.
ANNALS OF OPERATIONS RESEARCH
(2023)
Article
Business
Iraci de Souza Joao-Roland, Maria L. Granados
Summary: This paper explores the impact of management practices and organizational behaviors on social innovation strategy in social enterprises (SEs). The research suggests that a collaborative and user-centered approach, as well as a participatory organizational culture, positively influence social innovation performance. Through data analysis and regression models, the study confirms that cooperation with the community, beneficiaries, and universities, development of solutions based on community needs, design thinking, and intrapreneur behavior within SEs are all positively correlated with social innovation performance. The findings emphasize the crucial role of community, universities, and user involvement throughout the innovation process, providing valuable insights for SEs and policymakers in prioritizing practices and behaviors for strategic management of social innovation.
TECHNOLOGICAL FORECASTING AND SOCIAL CHANGE
(2023)
Article
Psychology, Multidisciplinary
Zuhaib Zafar, Li Wenyuan, Mohammed Ali Bait Ali Sulaiman, Kamran Akhtar Siddiqui, Sikandar Ali Qalati
Summary: This study examines the influence of social entrepreneurship orientation (SEO) on social and financial performance and finds that social performance partially mediates the relationship between SEO and financial performance. The study provides new directions for further research on the SEO paradigm and contributes to the literature on hybrid firms.
FRONTIERS IN PSYCHOLOGY
(2022)
Article
Business
Marcus T. Wolfe, Pankaj C. Patel, Andrew S. Manikas
Summary: This study explores the relationship between higher frequency and more unpredictable Twitter activity with the success of crowdfunding projects. The findings suggest that increasing the number of tweets and their unpredictability can improve the odds of meeting goals and achieving success, highlighting the importance of social media message management in crowdfunding campaigns.
JOURNAL OF INNOVATION & KNOWLEDGE
(2021)
Article
Green & Sustainable Science & Technology
Anna Akhmedova, Marta Mas-Machuca, Nina Magomedova
Summary: This study analyzes 143 social enterprises and finds that regardless of organizational form, social enterprises should align the content, stakeholder motivation, and organizational practices perspectives of their mission to create the desired social impact. The absence of fit between mission content and organizational practice, as well as between mission content and stakeholder motivation, is found to be associated with the non-achievement of social mission.
JOURNAL OF CLEANER PRODUCTION
(2022)
Article
Social Issues
John P. Berns, Yankun Jia, Maria Gondo
Summary: Despite the extensive research on crowdfunding, little attention has been paid to the relationship between crowdfunding and sustainable innovations. This study explores the factors contributing to the success of crowdfunding campaigns for sustainability-oriented projects, focusing on 3D printers as an example of sustainable innovation. The study also highlights some institutional trends and suggests shifting research focus towards process-oriented questions, in order to understand the role and temporal ordering of project creators, backers, and platforms in supporting sustainability-oriented crowdfunding projects.
TECHNOLOGY IN SOCIETY
(2022)
Article
Business, Finance
Michele Meoli, Silvio Vismara
Summary: In digital finance markets, investors have the option to withdraw their bids during a cooling-off period, which can potentially manipulate information and enhance the success of offerings. Dataset analysis shows that platform members tend to invest in low-quality offerings, influencing campaign dynamics and increasing subsequent bids.
JOURNAL OF CORPORATE FINANCE
(2021)
Review
Energy & Fuels
Paul G. Munro, Shanil Samarakoon, Ulrich E. Hansen, Matthew Kearnes, Anna Bruce, Jamie Cross, Sarah Walkers, Collen Zalengeras
Summary: The growth of small-scale off-grid solar products in the Global South has increased energy accessibility but also caused a rise in e-waste. The structure of the off-grid solar sector creates barriers to addressing this issue, but practices of repair could contribute to its solution.
Article
Economics
Xiaoting Zheng, Anqi Wu, Xuejing Wei
Summary: Using a unique dataset from a large online medical crowdfunding platform based in China, this paper investigates the social support returns to college education. It finds that college-educated patients can raise 88.1% more funds through medical crowdfunding, and the relationship is found to be causal through various identification strategies. The study concludes that college-educated patients have more detailed narratives and school-related social connections, which attract more supporters and ultimately raise more funds.
CHINA ECONOMIC REVIEW
(2023)
